Weekly Hemp Recap

Weekly Hemp Recap

Last Week’s Hemp Commentary

Panda Biotech Seeks Additional Funding

As Panda Biotech’s Hemp Gin commissioning in Wichita Falls, Texas progresses, the company has sought more funding for the development of the former Delphi facility.  The company has applied for a PACE loan, through the Property Assessed Clean Energy program.  These loans are intended to increase energy efficiency by retrofitting older facilities.

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11.22.2024

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins rise, but window of opportunity limited

Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.

11.22.2024

Gulf prices average higher despite weeklong declines in SBO

Gulf prices average higher despite weeklong declines in SBO

For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...

11.22.2024

Bloodmeal largest price mover week on week; November cattle on feed higher

Bloodmeal largest price mover week on week; November cattle on feed higher

US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...

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